April witnessed a sharp setback for Indian equity markets, with investors seeing the wipeout of INR 11.3 lakh crore in market capitalization among BSE-listed firms. The turbulence started with the escalation of global trade tensions, which was followed by the U.S. announcing, instead of a negotiated solution, a
While global markets appeared buoyed by the latest signs that U.S. tariff threats might pull back temporarily, China maintained a placid public demeanor. A senior official with Chinese customs went so far as to say that the real crisis in exports existed in the imaginations of American commentators. In
Indian stock markets ended Friday on a strong note thanks to foreign developments that served to bolster investor sentiment. A development back home in which the Reserve Bank of India clarified its recent stance on the health of the country's banking system, in favoring the banks, combined with
In what is looking to be a pivotal occurrence for the oversight of companies in our digital time, the umbrella company of Facebook, Instagram, and WhatsApp, Meta Platforms, this week stepped into a Washington, D.C. courtroom to respond to antitrust charges leveled against it by the Federal Trade Commission
According to the report, numerous senior officials, including numerous workers who make more than INR 1 crore a year, have been asked to step down.
The business is purportedly interested in a 300-acre tract of land along the Yamuna Motorway, according to a media outlet that reported on the 14th. The plant would be Foxconn's first presence in North India and might even be bigger than its next location in Bengaluru.
Nearly six years have passed since the EV ride-hailing firm first joined the market in 2019. A plan to start moving BluSmart's current fleet to Uber in the coming weeks has been authorised by the company's owners.
Mumbai’s first hybrid healthcare store offering instant diagnostics and virtual consultations. One Health Assist, a leading HIPAA-compliant preventive healthcare ecosystem, has launched its first offline experience centre, OHA Health+, in Mumbai. This marks a significant milestone in the company’s journey to bridge the digital and physical healthcare ecosystems.
The startup established by Kunal Shah would be valued down at about $4 billion in the acquisition, compared to $6.4 billion three years prior. The Singapore state fund GIC, which spearheaded the last infusion in 2022, is probably going to lead this financing.
HDFC Capital Advisors Limited, the real estate private equity arm of HDFC Group, has created a INR 1,500 crores platform in partnership with the Eldeco Group to develop 18 residential projects across multiple towns including Panipat (Haryana), Sonipat (Haryana), Rudrapur (Uttarakhand), Ludhiana (Punjab), Kasauli (Himachal Pradesh) and Rishikesh (Uttarakhand)
About 20% of all iPhones made worldwide are currently made in India, where production of the device increased by about 60% in the past year, according to the report. This effort follows India's PLI programme, which has been instrumental in drawing in large international electronics firms.
The announcement, which was made over the weekend, is thought to be a significant boon to India's quickly expanding electronics manufacturing industry.
Vijay Aggarwal, Choksi's attorney, informed reporters that the 65-year-old was taken into custody on April 12 and is presently imprisoned. He stated that they would resist India's request for extradition and submit an application against his arrest.
* The newly secured fund will be used to develop next-gen AI imaging payloads, high-speed space-based surveillance solutions and to penetrate global markets. Optimized Electrotech Pvt Ltd (OEPL), a pioneering deep-tech company specialising in imaging surveillance technology, has successfully closed a $6 million Series A funding round led by Blume Ventures
TCS , the largest IT company in India , lost over INR 24,295 crore in valuation during the short trading week ending April 11. TCS stock fell 3.82 % during the week to close at INR 3,238 . This decline pulled the TCS market valuation down to only INR 11.69
While pushing for American manufacturing, President Trump is imposing gigantic tariffs on China, where many American companies, including tech giant Apple, do a significant part of their business and most of their manufacturing. Apple, under CEO Tim Cook, has invested heavily in China over the past decade. Not only is
2025 has been anything but stable. Reciprocal tariffs have caused tremors in global trade, and investors have turned to the yellow metal as a reliable haven. The US–China imbroglio goes on and on, and it has supercharged gold demand, especially after President Trump imposed a steep 125% duty on
Foreign portfolio investors (FPIs) have reverted to net selling after a brief buying spree in late March. Between April 1 and 11, they sold equities totaling 31,988 crore INR, extending a broader trend of selling that has persisted since January. The latest wave of exits seems to have been
On Sunday, U.S. President Donald Trump made it clear that no nation would be excluded from the recent tariffs put in place under his trade policy. This was in direct contrast to earlier indications that some electronic items might be exempt. Trump's statement came just a couple
According to regulatory papers, the startup's plan to sell its student housing vertical to Good Host Spaces was approved by the Zolo board on February 10.
The action is a component of a continuous reorganisation that started last year when Google combined its Chrome and Android teams under the Pixel and Devices group.
Urban Company has secured board approval to raise INR 528 crore (~$60 million) through a significantly downsized IPO, reducing its initial INR 3,000 crore target by over 80%. The company plans to file its draft red herring prospectus with SEBI soon.
New Delhi [India], April 11: The official state visit of H.E. Mr. Gabriel Boric, President of the Republic of Chile, to India concluded in Bangalore with the signing of two strategic agreements aimed at deepening collaboration in innovation, entrepreneurship, and startup ecosystems between the two nations. During his week-long
TCS made a similar move five years ago during the start of the COVID-19 epidemic, when international business was significantly interrupted.